week the federal regulators to gain some control have advised banks and lending agencies from offering interest only loans they have people needed to purchase homes at today’s prices. Interest rates have risen by more than three percencentage points since mid 2004 which have had the effect of slowing up consumer spending and slowing up the housing market. Although this has worked well up this point in time the housing market has now become nearly half of last years growth rate and has been estimated to have given one million extra jobs to the economy. To avoid putting this in jeopardy it’s thought interest rates may be cut back to protect this. So what about 2006,
Moncler hat/neckcloth, it looks like the property market will still remain strong this year but take you time and shop around for the best deals before taking out a home equity loan.
For more information on home equity loans,
ugg outlet, how to avoid home equity loan scams and how to protect yourself.visit http://www.allabouthomeequity.com/ for details.